(psychology) Psychic need for identification with a group.
| Sci-Tech Dictionary: herd instinct |
(psychology) Psychic need for identification with a group.
| 5min Related Video: Herd Instinct |
| Investment Dictionary: Herd Instinct |
A mentality characterized by a lack of individuality, causing people to think and act like the general population.
Investopedia Says:
This term is used in the investing world to refer to the forces that cause unsubstantiated rallies or sell-offs.
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